A multi-sensor network camera providing up to 360 degrees angle of view. The includes multiple image sensors with individual optics, one or more image processors, compression units and network interfaces mounted in the single housing. The image sensors are positioned in non-parallel planes, cumulatively providing panoramic field of view and image streams originating from all sensors share the same image compression and network interface hardware, providing for low cost implementation. The images from all sensors are transmitted over the network simultaneously via packet interleaving, with appropriate bandwidth reduction achieved by image decimation. Simultaneously with transmission of decimated images from all sensors, full resolution window or entire image of one or more sensors may also transmitted, where the selection of contents is based on motion detection or user setting.